Financial Services Guide
Pitt Street Research Pty Ltd (Stocks Down Under)
ACN 626 365 615
Corporate Authorised Representative, number 1265112 of BR SECURITIES AUSTRALIA PTY LTD
ABN 92 168 734 530
Effective Date: 1 November 2018
BR Securities Australia Pty Ltd (BR) is the holder of Australian Financial Services License (“AFSL”) number 456663. Pitt Street Research Pty Ltd (PSR) is an Authorised Representative (number 1265112) of BR. This Financial Service Guide (FSG) is designed to assist you in deciding whether to use PSR’s services and includes such things as who we are, our services, how we transact with you, how we are paid, and complaint processes.
Contact Details BR and PSR
BR Head Office: Level 14, 344 Queen St., Brisbane QLD, 4000
Pitt Street Research: Plaza Building, Level 5, 87-95 Pitt Street Sydney, NSW, 2000.
M: Marc Kennis 0434 838 134
PSR is the entity providing the authorised AFSL services to you as a retail or wholesale client.
What Financial Services are we authorised to provide?
PSR is authorised to provide general advice to retail and wholesale clients in relation to Securities and deal on behalf of retail and wholesale clients in relation to Securities.
The distribution of this FSG by PSR is authorized by BR.
Our general advice service: Please note that any advice given by PSR is general advice, as the information or advice given will not take into account your particular objectives, financial situation or needs. You should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs. If our advice relates to the acquisition, or possible acquisition, of a particular financial product you should read any relevant Prospectus, Product Disclosure Statement or like instrument. As we only provide general advice we will not be providing a Statement of Advice.
We will provide you with recommendations on securities. Our dealing service: For IPOs we like we’ll send you a prospectus.
How are we paid? PSR earns a fee from a company for providing a research report on the company, you don’t pay anything. For our dealing service, we may receive a share of the distribution fees available from the issuer or lead manager.
Associations and Relationships
BR, PSR, its directors and related parties have no associations or relationships with any product issuers other than when advising retail clients to invest in managed funds when the managers of these funds may also be clients of BR and PSR’s representatives may from time to time deal in or otherwise have a financial interest in financial products recommended to you but any material ownership will be disclosed to you when relevant advice is provided.
If you have a complaint about our service you should contact your representative and tell them about your complaint. The representative will follow BR’s internal dispute resolution policy, which includes sending you a copy of the policy when required to. If you aren’t satisfied with an outcome, you may contact AFCA, see below.
BR is a member of the Australian Financial Complaints Authority (AFCA). AFCA provide fair and independent financial services complaint resolution that is free to consumers.
Telephone: 1800931678 (free call)
In writing to: Australian Financial Complaints Authority, GPO Box 3, Melbourne, VIC, 3001.
Professional Indemnity Insurance: BR has in place Professional Indemnity Insurance which satisfies the requirements for compensation under s912B of the Corporations Act and that covers our authorized representatives.